Equity Market Technical Analysis

Dow Jones in the Red

Dow Jones in the Red The Dow Jones closed lower by 237 points or 0.75%. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are decreasing, resulting in downside momentum which is increasing. Simple moving averages of 20,50,100 and 200, are above the price signaling that the momentum is to the...

Dow Jones in the Red

Dow Jones in the Red The Dow Jones closed lower by 104 points or 0.33%. The Dow has declined for six straight trading sessions. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are decreasing, resulting in downside momentum which is increasing. Simple moving averages of 20,50,100 and 200, are above...

Dow Jones Plummet

Dow Jones Plummet  The Dow Jones closed lower by 1063 points or 3.12% posting its worst single-day drop since 2020. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are decreasing, resulting in downside momentum which is increasing. Simple moving averages of 20,50,100 and 200, are above the price signaling that the...

Technical-Analysis

S&P 500 Advance

S&P 500 Advance The S&P 500 closed higher by 104 points or by 2.47%. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are increasing therefore, results in downside momentum which is decreasing. Simple moving averages of 20, 50, 100 and 200 are above the price signaling that the momentum is...

Technical-Analysis

Dow Jones Higher

Dow Jones Higher The Dow Jones closed higher for a second straight day by 250 points or 0.71%. From the technical perspective, the momentum indicator suggests an uptrend since the MACD turned positive and the histogram values are increasing, resulting in upside momentum which is increasing. Simple moving averages of 20,50,100 and 200, are below the price signaling that the momentum is...

Technical-Analysis

Dow Jones Edges Lower

Dow Jones Edges Lower The Dow Jones closed lower on Thursday by 113 points or 0.33%. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is currently negative and the histogram values trying to find their direction, results in downside momentum which is increasing. The picture is Mixed as Simple moving averages of 20, 100 and 200...

Technical-Analysis

Dow Jones Recovers

Dow Jones Recovers Following two days of losses, the Dow Jones recovered on Thursday and closed higher by 87 points or 0.25%. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is currently negative and the histogram values are decreasing therefore, results in downside momentum which is increasing. The picture is Mixed as Simple moving averages of 20,...

Technical-Analysis

Dow Jones Lower

Dow Jones Lower The Dow Jones index closed lower by 65 points or 0.19% on Wednesday, snapping a four-day winning streak. From a technical perspective, the momentum indicator suggests an uptrend since the MACD is positive while the histogram value is slightly decreasing, resulting in upside momentum which is decreasing. In case the selling interest continues, initial support may come from...

Technical-Analysis

Dow Jones in the Green

Dow Jones in the Green The Dow Jones index closed higher by 418 points or 1.23% on Thursday, and following a four-day winning streak, rose 4.7% for the week so far, and is on track for its best weekly gain since November 2020. From a technical perspective, the momentum indicator suggests an uptrend since the MACD is positive and the histogram value...

Technical-Analysis

S&P 500 Slides

S&P 500 Slides   The S&P 500 closed slightly lower by 18 points or by 0.43%. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are increasing therefore, results in downside momentum which is decreasing. Simple moving averages of 20, 50, 100 and 200 are above the price signaling that the momentum...

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